Shake Shack (SHAK) Reports In-Line Q1 EPS; Raises Outlook

Shake Shack (NYSE: SHAK) reported Q1 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $132.6 million versus the consensus estimate of $126.88 million.

Same-Shack sales increased 3.6%.

GUIDANCE:

Shake Shack sees FY2019 revenue of $576-582 million, versus prior $570-$576 million and the consensus of $576.9 million.

For earnings history and earnings-related data on Shake Shack (SHAK) click here.

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